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TAX BENEFITS RESIDENT PARENTS
Green card applicants can now be rejected over use of Medicaid, food stamps & free school lunch programmesThe Trump administration’s expanded “public charge” rule has taken effect, allowing US immigration officers to consider benefits such as Me...- Pennsylvania 8: Paige Cognetti takes aim at a Republican seat in Trump countryPennsylvania’s 8th District is a Republican-held seat in northeastern Pennsylvania that Democrats hope to make competitive. Republican Rep....
- Hundreds of Bengaluru students face trouble as traffic delays school buses during examsSchoolchildren travelling through Bengaluru’s Varthur-Gunjur corridor faced severe traffic delays on Thursday, with one 4-km journey taking...
- Bengaluru-based founder criticises Whitefield traffic situation after daughter's school bus stuck for over 2 hours in Varthur-Gunjur, says it is a daily occurrenceBengaluru entrepreneur Ritish Reddy said his daughter was stuck in traffic for two hours on Varthur Road on September 17. The Zluri CEO sha...
- Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
- ‘My parents have basically become...’: Ankur Warikoo shares an emotional lesson after Japan trip with his ageing parentsAnkur Warikoo reflected on how his relationship with his ageing parents has changed during their annual vacations together. After travellin...
- Social Security Update: Social security survivor benefits may soon see a major change; know why this new bipartisan bill matters for millions of AmericansSocial security update: A new bipartisan proposal in Congress could change the way families apply for Social Security survivor benefits, in...
- Canada visa processing times: Super Visa wait rises for Indians, visitor visa improvesCanada's visa processing times for Indian applicants have seen slight adjustments. Work and study permit wait times remain unchanged for In...
- In Silicon Valley, AI data center boom meets local resistanceIn Silicon Valley's biggest city, residents and environmental groups are organizing against a wave of proposed data center projects that of...
- CGHS expands coverage: Now these relations will also be covered in Central govt Helath SchemeThe Central Government Health Scheme (CGHS) has expanded eligibility to adopted sisters of beneficiaries, while revised rules allow married...
- Taxman's JAARing move opens fresh debate over Mauritius treatyThe recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically t...
- Delhi’s Lal Bagh children trade scrap runs for school morningsChildren from Lal Bagh are now attending school for the first time. Parents previously faced document and income loss challenges for enrolm...
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
- Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reasonStudent gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case in ITAT Delhi; Know ...
- Taxable income below Rs 12 lakh: Will you pay zero income tax if this income includes LTCG and STCG for Tax Year 2026-27?Indian residents and HUFs can use the basic exemption limit to lower capital gains tax. This provision under the Income Tax Act, 2025, rema...
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
- Student or parent: Who should be the primary borrower for education loan? Check repayment and tax implications before decidingDetermining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borro...
- Leaving the UK for India? These 8 NRI tax and money mistakes could cost you
- Gurgaon RWA sought charitable trust registration with rental and maintenance income; ITAT Chandigarh rejected RWA’s appeal for this reasonRWA earned rent by letting out common areas and collected maintenance from residents and seeked charitable trust registration; ITAT Chandig...
- Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
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